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Analysts say $3 gasoline unlikely this summer
Analysts say U.S. average gas prices should stay below the $3 mark this summer barring a Gulf Coast hurricane refinery woes or international strife. Despite rising crude costs and summer driving, economists expect ample supply and a housing market slowdown to influence consumer spending more than energy prices.
MENTIONED IN THIS ARTICLE
Randy Busscher
Holland
Mich
Busscher
U.S
Gulf Coast
Applebee’s International Inc
Darden Restaurants Inc
Wendy’s International Inc
Standard & Poor
AAA
Energy Information Administration
Energy Department
Statistical Agency
Europe
Tom
Kloza
Oil Price Information Service
Wachovia Corp
Wachovia
Gina Martin
Organization of Petroleum Exporting Countries
Vienna
OPEC
Iran